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19706 Sherwood Street

Detroit, MI 48234
  • $699,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 20251002760
Price Reduced
UPDATED: 43 min ago
$699,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,280
    SQFT
  • $213
    $/SQFT
Type:
Commercial
Built:
1947
County:
Zoning:
Commercial
Lot Size Dimensions:
100X111

School Ratings & Info

School District:

Description

Investor Alert! Rare opportunity to acquire a well-established, high-traffic liquor store with real estate and liquor license included . This profitable business has served the community for 15+ years and continues to thrive. The building is clean, well-maintained, and recently updated within the last 4"5 years. Flexible layout includes a commercial kitchen for added income potential. Current hours offer immediate expansion opportunity: Mon"Thurs (9"9), Fri"Sat (10"10), Sun (10"9). Perfect for seasoned investors or owner-operators seeking a turnkey operation with strong cash flow and value-add upside. Seller retiring " dont miss this proven income-generating asset!

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T07:00:17.197.
www.bhhssnyder.com/homes/164477669
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19706 Sherwood Street Detroit, MI 48234

  • Price: $699,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 43 min ago
  • MLS #: 20251002760
0
Beds
0
Baths
0
½ Baths
0.25
Acres
3,280
SQFT
$213
$/SQFT
1947
Built
Neighborhood:
Paterson Bros & Co Outer Drive-Van Dyke
County:
Wayne
Area:
Det 6-8 Dequindre To Conner
School District:
DETROIT
Property Description
Investor Alert! Rare opportunity to acquire a well-established, high-traffic liquor store with real estate and liquor license included . This profitable business has served the community for 15+ years and continues to thrive. The building is clean, well-maintained, and recently updated within the last 4"5 years. Flexible layout includes a commercial kitchen for added income potential. Current hours offer immediate expansion opportunity: Mon"Thurs (9"9), Fri"Sat (10"10), Sun (10"9). Perfect for seasoned investors or owner-operators seeking a turnkey operation with strong cash flow and value-add upside. Seller retiring " dont miss this proven income-generating asset!
Exterior Features

Architecture Level 1 Story Construction Materials Concrete Lot Size Dimensions 100X111 Road Frontage Feet 100 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 3280 Sq Ft Office 200

Property Features

Commercial Type Business And Real Estate Existing Lease YN No Gross Scheduled Income 836377.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 69698 Net Operating Income 143696.00 Operating Expense 670325.00 Ownership Status Short Sale - NoPrivate Owned Possession Negotiable Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 3055.0000 Tax Amount Winter 423.0000 Title Standard (Private) Total Tax 3478.0000 Unparsed Address 19706 Sherwood Street Water Source Water at Street Year Remodeled 2020 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Dbn Hts/Dbn: (313) 565-3200 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T07:00:17.197.
 
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